Significant Capital Withdrawal from the Consumer Staples Select Sector SPDR Fund

Published On: April 17, 2025 2:06 pm

ETF Outflows Highlight Changes in Consumer Staples Sector Funds

Today, significant changes in weekly shares outstanding among ETFs reveal that the Consumer Staples Select Sector SPDR Fund (Symbol: XLP) experienced a notable outflow of approximately $220.4 million. This reduction marks a 1.4% decrease week over week, with shares dropping from 201,371,809 to 198,621,809.

Performance of Major Holdings

In trading today, some of the largest components of XLP included Procter & Gamble Company (Symbol: PG), which rose about 1.7%, Colgate-Palmolive Co. (Symbol: CL) up by 1%, and Altria Group Inc (Symbol: MO) gaining approximately 1.5%. For a detailed overview of holdings, visit the XLP Holdings page.

XLP Price Trends and Technical Analysis

The chart below presents the one-year price performance of XLP against its 200-day moving average:

The Consumer Staples Select Sector SPDR Fund 200 Day Moving Average Chart

As illustrated in the chart, XLP reached a low of $73.465 per share and a high of $84.53 in its 52-week range. The latest trade reflected a share price of $81.27. Comparing this price to the 200-day moving average provides insight for technical analysis—learn more about this metric here.

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Exchange-traded funds (ETFs) function similarly to stocks; however, investors buy and sell “units” instead of “shares.” These units can be exchanged like stocks but can also be created or removed based on investor demand. Each week, we track the week-over-week changes in shares outstanding to identify ETFs with significant inflows or outflows. The creation of new units indicates the need to purchase the ETF’s underlying holdings, while the destruction of units means those holdings must be sold. Therefore, substantial flow changes can influence the individual components within ETFs.

Click here to discover which nine other ETFs faced notable outflows »